Nippon Building Fund stock stays near its yearly low

Nippon Building Fund stock (ISIN JP3027670003) was last quoted at JPY 116,600 on JPX on October 6, 2026, 1.4 percent above the 52-week low of JPY 115,000. The valuation picture combines a strong half-year result with a share price near the bottom of its yearly range.

Stock stays near yearly low

The October 6 quote stood at JPY 116,600, while the 52-week range ran from JPY 115,000 to JPY 152,300. The stock therefore sat 23.4 percent below its yearly high, leaving the market capitalization at JPY 1.0 trillion.

The price level matters because the latest operating figures point in the opposite direction. A low position within the yearly range and double-digit earnings growth create a clear gap between market valuation and recent operating performance.

Half-year profit rises 26.2 percent

Quartr reported that Nippon Building Fund generated JPY 53,858 million in operating revenue in 1H 2026, an increase of 10.9 percent from the prior-year period. Operating income reached JPY 26,694 million, up 25.8 percent, while net income rose 26.2 percent to JPY 24,354 million.

The distribution per unit was JPY 2,489 for 1H 2026, up 1.4 percent from the prior period. For 2H 2026, management guidance calls for operating revenue of JPY 50,502 million, net income of JPY 19,968 million and distribution per unit of JPY 2,465, according to Quartr.

Consensus target exceeds quote

Markets Insider reported on September 24, 2026, that Tokai-Tokyo Securities maintained a Buy rating and a JPY 164,300 price target. The same report placed analyst consensus at Hold with a JPY 143,042.61 target, which is 22.7 percent above the October 6 quote.

The analyst spread shows why the result and the valuation cannot be read in isolation. Tokai-Tokyo's target is JPY 47,700 above the market quote, while the consensus target is JPY 26,442.61 higher, leaving interest rates and refinancing costs as important factors for future distributions.

Next result date is February 16

Nippon Building Fund's next earnings date is February 16, 2027, according to Quartr. Until then, the key checkpoints are the 2H 2026 guidance of JPY 19,968 million in net income and the JPY 2,465 distribution target.

Price remains near yearly floor

Nippon Building Fund stock was last at JPY 116,600 on JPX on October 6, 2026. The quote was 1.4 percent above the JPY 115,000 52-week low and 23.4 percent below the JPY 152,300 high.

Upcoming dates for Nippon Building Fund stock

• February 16, 2027: H2 2026 earnings

More news and analysis on Nippon Building Fund stock